Saint Joseph, MO—64503
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Joseph, MO
As of Oct '25, the median home price in Saint Joseph, MO is $166,000, with a year-over-year change of 8.7%. This indicates that home prices in Saint Joseph, MO are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $166,000 | 8.7% |
| Single Family | $166,000 | 9.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $119,000 | 10.2% |
3 Bed | $197,000 | 7.1% |
4 Bed | $238,000 | 6.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saint Joseph, MO
As of July '25, Rentcast reports the average rent in Saint Joseph, MO is $972, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Saint Joseph, MO is studios: $650, 1-bedrooms: $725, 2-bedrooms: $849, 3-bedrooms: $1,370, 4-bedrooms: $1,100. The most common rental property sizes in Saint Joseph, MO are 2-bedroom and 3-bedroom, accounting for 38.3% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $972 |
| Studio Rent | $650 | $650 |
| 1 Bed Rent | $700 | $725 |
| 2 Bed Rent | $895 | $849 |
| 3 Bed Rent | $1,300 | $1,370 |
| 4 Bed Rent | $1,100 | $1,100 |
% of Rental Stock
Property Listings — Saint Joseph, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Joseph, MO is 39. This is a decrease of -31.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $199,000 | 3.0% |
Listing Count | 34 | -10.0% |
| Listings as % of Homes | 0.4% | -10.0% |
Days on Market | 39 | -31.0% |
Demographics — Saint Joseph, MO
As of the latest ACS Survey released in 2023, Saint Joseph, MO has a population of 11,900, which has decreased by -2.5% over the past 5 years. Saint Joseph, MO is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,900 | -2.5% |
% Under 18 | 21.0% | -4.5% |
% Seniors | 17.1% | 1.2% |
% WFH | 5.4% | 100.0% |
% w/ College Degree | 16.4% | 3.8% |
As of the latest ACS Survey released in 2023, Saint Joseph, MO is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Saint Joseph, MO is hispanic, making up 6.0% of the population. Foreign-born residents account for 2.7% of the population in Saint Joseph, MO, and this percentage has decreased by 32.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.6% | -0.2% |
% Black | 2.6% | -21.2% |
% Hispanic | 6.0% | -28.6% |
% Asian | 1.1% | 266.7% |
% Foreign Born | 2.7% | -32.5% |
Mortgage and Risk — Saint Joseph, MO
According to HUD data as of 2023, there were 190 mortgage originations in Saint Joseph, MO, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Saint Joseph, MO. Investor activity is low, as 7.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 190 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Saint Joseph, MO
As of 2024, the percent of homes in Saint Joseph, MO under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Saint Joseph, MO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 363 |
Total Units Section 8 | 186 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $700 | $880 |
| 2 Bedroom | $265 | $895 | $1,160 |
| 3 Bedroom | $170 | $1,300 | $1,470 |
| 4 Bedroom | $550 | $1,100 | $1,650 |
Affordability — Saint Joseph, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $166,000 |
| Median Household Income | $53,400 |